Large Public Plaza Opens at Redevelopment of Former University of Tokyo Site by Nomura Real Estate, Partners
Nishichiba Campus Park, a large public plaza in Chiba Manabi no Mori, a major mixed-use development district being developed by Nomura Real Estate Development, Mitsubishi Jisho Residence and four other companies on the former site of the University of Tokyo’s Nishichiba Campus, opened July 1, 2026. Ahead of the district’s grand opening in spring 2027, the developers completed the approximately 1.2-hectare plaza in the center of the district, along with pedestrian circulation routes.
The project site is located near JR Nishichiba Station and adjacent to Chiba University’s Nishichiba Campus. The surrounding area is a residential neighborhood with a concentration of housing complexes and detached homes. The project will redevelop an approximately 7.5-hectare site. In addition to the plaza that opened this week, the plan calls for for-sale condominiums, detached homes, senior housing with services, student apartments, retail facilities, a mixed-use facility and a nursing care facility, forming a new residential district with approximately 1,300 units. Sales have begun for part of the for-sale condominium component, and the Kasumi Nishichiba supermarket opened in May 2026.
The area around Nishichiba Station is a residential district with a concentration of educational institutions, including Chiba University, and offers access to Chiba Station in one stop. Average asking rents for rental apartments within a 10-minute walk of Nishichiba Station have increased about 20% over the past three years, from approximately JPY 6,800 per tsubo to approximately JPY 8,200 per tsubo, indicating resilient residential demand in the area. Meanwhile, only two rental housing properties with more than 100 units had previously been supplied in the area, according to research conducted by the editorial team based on estie Residential Research. The project aims to capture a broad range of residential demand by developing 831 for-sale condominium units, senior housing and student apartments in an integrated manner on a large site near the station.
Project Components and Schedule
Facility Use | Units or Gross Floor Area | Schedule |
|---|---|---|
For-sale condominium | Phase I: 512 units | Sales began in November 2025 |
For-sale condominium | Phase II: 319 units | Construction began in April 2026 |
Detached homes | 57 homes | Construction scheduled to start in August 2026 |
Senior housing with services | 110 rooms | Construction began in March 2025 |
Student apartments | 312 rooms | Construction began in March 2025 |
Retail facility | Approximately 3,000 square meters (approx. 32,300 sq. ft.) | Opened in May 2026 |
Nursing care facility | Approximately 3,000 square meters (approx. 32,300 sq. ft.) | Construction began in December 2025 |
Mixed-use facility | Approximately 3,000 square meters (approx. 32,300 sq. ft.) | Construction began in June 2026 |
Key Facts
- Project Name: Former University of Tokyo Nishichiba Campus Site Utilization Project
- District Name: Chiba Manabi no Mori
- Developers: Nomura Real Estate Development Co., Ltd. / Mitsubishi Jisho Residence Co., Ltd. / Mitsui Fudosan Residential Co., Ltd. / Daiwa House Industry Co., Ltd. / Sogo Jisho Co., Ltd. / Toho Jisho Co., Ltd.
- Location: 1 Yayoi-cho, Inage Ward, Chiba, Chiba Prefecture
- Nearest Station: Nishichiba Station on the JR Sobu Line
- Site Area: Approximately 75,000 square meters (approx. 807,300 sq. ft.)
- Grand Opening: Spring 2027, scheduled
- Plaza Name: Nishichiba Campus Park
- Plaza Area: Approximately 12,000 square meters (approx. 129,200 sq. ft.)
- Plaza Opening: July 1, 2026
